Dow Rally Is a Head Fake Ahead of 50% Stock Market Crash

By CCN: Despite today’s 2% rally in the stock market, critical support levels have been breached that may signal the beginning of a 50% market decline. The Stock Market Is Falling Apart With the stock market trading at its third most expensive level in history, led by outrageously overvalued FANG and growth stocks, it’s only a matter of time before it regresses to its mean valuation. That time appears to be shaping up as now. The three major indices in the stock market – the Dow Industrials, NASDAQ, and S&P 500 – have all fallen below their long-term daily, weekly,

The post Dow Rally Is a Head Fake Ahead of 50% Stock Market Crash appeared first on CCN

source https://www.ccn.com/dow-rally-fake-stock-market-crash

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